Heard on the Block: "ordinals"

Wednesday, February 1, 2023 by Snacks

🖊️ Like taking a Sharpie to a digital dollar bill…

The OG crypto is playing catch-up. A recent addition to bitcoin lets people add text, images, or video to individual “satoshis” (think: the smallest unit of BTC). It essentially creates bitcoin-native NFTs. Dubbed "ordinals," the new protocol and its on-chain digital artifacts have sparked a mini controversy, with some in the crypto community saying they'll drive up transaction fees.

Subscribe to Snacks